#Vaulta

The banking operating system Web3 Vaulta and the digital asset service provider Virgo have announced a partnership to launch the VirgoPay stablecoin money transfer network, which is expected to launch in May. This platform could reduce traditional transfer times from several days to just a few minutes, while cutting fees by up to 70%. Users will be able to deposit funds via banks, wire transfers, and crypto wallets, and choose from several fiat currencies to receive money. The first phase of the service will cover the United States, Hong Kong, Canada, Argentina, Brazil, and Australia, with plans for later expansion into Southeast Asian and Middle Eastern markets.